Compare AU

Compare BNKS vs. CNEW

Compare shares and ETFs on the ASX that you can trade on Pearler.

BetaShares Global Banks Currency Hedged ETF

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the BetaShares Global Banks Currency Hedged ETF (BNKS) and the VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

BNKS

CNEW

Popularity

Low

Low

Pearlers invested

15

50

Median incremental investment

$1,020.31

$703.09

Median investment frequency

Monthly

Monthly

Median total investment

$2,024.64

$1,908.27

Average age group

> 35

> 35


Key Summary

BNKS

CNEW

Strategy

BNKS.AX was created on 2016-07-28 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. BNKS.AX aims to track the performance of an index (before fees and expenses) that comprises the largest global banks (ex-Australia), hedged into Australian dollars.

CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index.

Top 3 holdings

BRL - BRAZILIAN REAL (0 %)

AUD - AUSTRALIA DOLLAR (0 %)

CAD - CANADA DOLLAR (0 %)

Flaircomm Microelectronics Inc Ordinary Shares - Class A (1.45 %)

Gambol Pet Group Co Ltd Class A (1.18 %)

MotoMotion China Corp Class A (1.12 %)

Top 3 industries

Other (84.32 %)

Communication Services (33.49 %)

Financials (12.18 %)

Consumer Discretionary (45.81 %)

Other (36.77 %)

Consumer Staples (27.74 %)

Top 3 countries

United States (34.16 %)

Canada (15.63 %)

Japan (8.37 %)

China (100.00 %)

Management fee

0.57 %

0.95 %


Key Summary

BNKS

CNEW

Issuer

BetaShares

VanEck

Tracking index

Nasdaq Global ex-Australia Banks Hedged AUD Index - AUD

CSI MarketGrader China New Economy Index - CNY

Asset class

ETF

ETF

Management fee

0.57 %

0.95 %

Price

$8.88

$6.99

Size

$69.497 million

$110.475 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

2.35 %

1.53 %

Market

ASX

ASX

First listed date

01/08/2016

09/11/2018

Purchase fee

$6.50

$6.50


Community Stats

BNKS

CNEW

Popularity

Low

Low

Pearlers invested

15

50

Median incremental investment

$1,020.31

$703.09

Median investment frequency

Monthly

Monthly

Median total investment

$2,024.64

$1,908.27

Average age group

> 35

> 35


Pros and Cons

BNKS

CNEW

Pros

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

BNKS

CNEW

Higher exposure to US market

Lower exposure to US market

Lower management fee

Higher management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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